What is the most popular loan type used by firs time buyers?

Asked by James Dixon, Chicago, IL Wed Aug 15, 2012

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Wes Black, Agent, Louisville, KY
Wed Aug 15, 2012
In Louisville, Ky . most first time buyers go FHA with 30 year fixed rate. VA with fixed rate also popular. What is most important is asking in the offer for the seller to pay closing costs. Many times this is the difference whether the first timer can afford to buy or not.
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